Can bitcoin improve the economy of a country?

[Farhan786]

Bitcoin can improve the economy of a country. However, the government will have to take several steps. If the nation is educated then it is possible to improve with Bitcoin.

[Kolly]

Today many countries accept bitcoin as a virtual currency, is it because bitcoin is so high that they think bitcoin can change the country's economy, or because the country has many bitcoin users already?

Yes a country using bitcoins can be improve if all the businesses ,banks and all stablishments is using bitcoins and they accept it the improvement of a country is going to be succesful.

[Melit02]

Yes, Bitcoin can improve the economy of a country because you can get a big salary here and lessen the unemployment of a person so no one can be poor.

[Wong Gendheng]

Bitcoin can improve the economy of a country. However, the government will have to take several steps. If the nation is educated then it is possible to improve with Bitcoin.

I agree, bitcoin has been proven to help many people succeed and help from poverty, if the state wants to be concerned with bitcoin then the people will feel tremendous benefits.

[tempebacem]

I think yes. By holding bitcoin you can increase your earnings. Every year the value of bitcoin always increases. If many people in the country have bitcoin will increase their assets. Increased assets can lead to increased consumption in the country thus accelerating the country's economic growth. Thus, indirectly bitcoin can improve a country's economy.

[Nebhunu]

It is a tricky statement, until the volatility craziness phase is done, you can not base a country economy on this type of asset. When the maturing phase commences, it could be a proper hypothesis. 

[tonyvo2017]

Yes it can happen. Because today bitcoin is very popular, no longer anonymous as before. So on YouTube and Google there is a lot of information on how to make money from bitcoin. All ages from young to old can enter the market and have money to make huge money. Thus the economic development thanks to bitcoin is real. I hope that unemployed people will join the market to improve the economy.

[dyablo]

Yes, definitely bitcoin can play a substantial role in changing the economy especially when its use becomes legitimate. Legitimate, in a sense that, there is recognition in every State of every government body honoring its existence. If it happens, it can pressure everyone in the banking industry to bring down costs for banking transactions in order to stay competitive.

I don't think so, bitcoin can improve the financial status of its user but not the economy in general. Other country banned bitcoin because they can't impose taxes from it. So, how can it improve the economy of one country. Then, it should be legalized world wide to help the economy of every country.

[litolmarauder16]

When bitcoin becomes legalized in a country, the economy will experience a boost because btc is an asset. Unemployed people will also be given the chance to earn and invest which can help the economy. However, it can be risky due to the fluctuation of prices which can make the economy good or bad.

[thecoder2017]

In my opinion Bitcoin contributes improvement of a country because it helps the people in their financial.needs once they join the group, join their signature campaign so that they can earn money to use in their daily needs.

[19Nov16]

Certainly can, bitcoin has been shown to improve the public welfare and users who have bitcoin, if the country concerned with bitcoin then I guarantee that the country's economy can be improved.

[xandra]

Yes, Bitcoin can improve the economy of a country because you can get a big salary here and lessen the unemployment of a person so no one can be poor.

Truth,bitcoin is giving a chance to people to have work and to have profit even you just stay at home so there were people before who are unemployed but now earning much more than the salary given by the government or private company .

[meshow1]

Today many countries accept bitcoin as a virtual currency, is it because bitcoin is so high that they think bitcoin can change the country's economy, or because the country has many bitcoin users already?

For me yes btc can help a country improve and get better about its economy because the jobless people have the preoccupations to do with btc and there is possiblity that a country can reach the high economy.

[Tapyaks72]

Bitcoin can improve the economy of a country. However, the government will have to take several steps. If the nation is educated then it is possible to improve with Bitcoin.

I agree, bitcoin has been proven to help many people succeed and help from poverty, if the state wants to be concerned with bitcoin then the people will feel tremendous benefits.

Bitcoin is considered a great poverty alliviator because many life has been change because  aside  from high price. And it is also useful for remittance because it is economical. If a nation will recognize Bitcoin  for sure bitcoin has the great help to improve their economic standing.
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[Pei]

Yes of course there is possibility for the bitcoin network to improve the economic status of a country by providing a source of income to the unemployed and an additional source of income to pay out day to day expenses of the working people in fact this network has the capability to eliminate poverty which ultimately improves the economic standards of the country.

[btcminer6212]

Today many countries accept bitcoin as a virtual currency, is it because bitcoin is so high that they think bitcoin can change the country's economy, or because the country has many bitcoin users already?

Yes a country using bitcoins can be improve if all the businesses ,banks and all stablishments is using bitcoins and they accept it the improvement of a country is going to be succesful.

Since bitcoin is anonymous and the government does not have control with bitcoin it cannot implement tax in bitcoin as well as with the people who earn through bitcoin. If bitcoin would be legalize in a country this would probably help the economy of a certain country to improve and grow fast.

[Chichaylin]

Today many countries accept bitcoin as a virtual currency, is it because bitcoin is so high that they think bitcoin can change the country's economy, or because the country has many bitcoin users already?

Yes it is. Bitcoin can change the economy of the country. I can see in the near future, bitcoin will be the key to become this country successful.

[DPrillio]

Bitcoin can improve the economy of a country. However, the government will have to take several steps. If the nation is educated then it is possible to improve with Bitcoin.

I agree, bitcoin has been proven to help many people succeed and help from poverty, if the state wants to be concerned with bitcoin then the people will feel tremendous benefits.

Yes, there are many people who have benefited from don't think so on how government get tax from bitcoin because we know the fact that bitcoin is a decentralized system on the blockchain
 bitcoin into their society.

[yvonnegalvan]

Today many countries accept bitcoin as a virtual currency, is it because bitcoin is so high that they think bitcoin can change the country's economy, or because the country has many bitcoin users already?

Yes, of course bitcoin can improve the economy of a country because there are many life that has been change because of bitcoin and also bitcoin giving a chance to people to have work to earn more profit even if they just staying at their home. Bitcoin is very anonymous.

[Dark Sky]

Yes of course there is possibility for the bitcoin network to improve the economic status of a country by providing a source of income to the unemployed and an additional source of income to pay out day to day expenses of the working people in fact this network has the capability to eliminate poverty which ultimately improves the economic standards of the country.

Bitcoin is very helpful for every those country who face many problems by their economical situation and their people are very depress because they cannot manage their budget in low salary so bitcoin is very helpful in this situation, they join bitcoin for some extra money and secure their future, so their country's economical situation will very improve and the government can do many more work fore their country and their poor people.